Lebanon’s cabinet approved a one‑percentage‑point increase in VAT from 11% to 12% and raised the price of a 20‑litre petrol canister by 300,000 Lebanese pounds. The government also announced a pay rise for public sector workers and retirees, while abolishing a diesel levy and increasing customs fees on shipping containers.
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VatCalc · 3 months ago
The Lebanese government announced a 1% VAT increase from 11% to 12% pending parliamentary approval, with an immediate 25% hike in petrol prices and no change to diesel. The government also aims to improve tax collection and customs duties, issue collection orders for quarries, and review maritime properties.
The Invoicing Hub · 9 days ago
Oman will introduce mandatory e‑invoicing for B2B and B2G transactions using a 5‑corner Peppol network, and for B2C via a clearance model through OTA’s Fawtara platform. The rollout begins with a pilot in August 2026, followed by mandatory phases in February 2027 and August 2027 for all VAT‑registered taxpayers.
E-Invoice.app · 16 days ago
UAE's Ministry of Finance has extended the deadline for large taxpayers to appoint an Accredited Service Provider (ASP) to 30 October 2026, while keeping the mandatory e‑invoicing go‑live dates unchanged. Large businesses must issue e‑invoices via the Peppol network in PINT AE format from 1 January 2027, with smaller businesses and government entities following in July and October 2027 respectively. The amendment also introduces a white‑label mechanism for ASP accreditation, allowing UAE‑based firms to partner with international technology providers.
The Invoicing Hub · 16 days ago
The UAE Ministry of Finance has postponed the first phase of its e‑invoicing mandate, extending the deadline for large businesses to appoint an Accredited Service Provider (ASP) to 30 October 2026. The broader implementation timeline remains unchanged, with the pilot phase launching on 1 July 2026 and mandatory e‑invoicing via the Peppol network scheduled for 1 January 2027 for large firms, 1 July 2027 for smaller businesses, and 1 October 2027 for government entities.
GCC Business News · 17 days ago
The UAE Ministry of Finance has extended the deadline for appointing Accredited Service Providers (ASPs) for the eInvoicing system to 30 October 2026. Entities with annual revenues exceeding AED 50 million must fully implement eInvoicing by 1 January 2027. Amendments to Ministerial Decisions now allow local firms to partner with third‑party providers, and 32 ASPs have been approved.
GulfNews · 17 days ago
The Ministry of Finance has extended the deadline for appointing Accredited Service Providers (ASP) for e‑invoicing to 30 October 2026 for businesses with annual revenues above AED 50 million. The mandatory implementation deadline remains 1 January 2027. The amendment also introduces a white‑label framework enabling UAE firms to partner with international providers.
Key Takeaways
The cabinet approved raising VAT from 11% to 12%, pending formal enactment of the legislation.
On 17 February 2026, the price was raised by 300,000 Lebanese pounds, about $3.50.
Approximately 251,000 public employees and retirees will receive the increase.
The government abolished the levy on diesel fuel.
Primary source
Read the full article at Middle East OnlineThis summary was published on VATfaqs.com on 17 February 2026. It relates to VAT developments in Lebanon. The original source is Middle East Online.
